Annual growth of the gross capital formation in Georgia
Georgia: Annual growth of the gross capital formation was 11.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Georgia, 2011–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Georgia stood at 11.1%.
That represents a change of down 43.4% on the previous year and down 60.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Georgia peaked at 35.7% in 2022 and was at its lowest, -16.1%, in 2021.
Georgia ranks 30th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 19.1% | — |
| 2012 | 11.2% | -41.7% |
| 2013 | -12.9% | -215.5% |
| 2014 | 28.1% | -318.1% |
| 2015 | 8.4% | -70.2% |
| 2016 | 6.1% | -26.9% |
| 2017 | -7.4% | -221.6% |
| 2018 | 15.3% | -305.5% |
| 2019 | 0.5% | -96.9% |
| 2020 | -15.9% | -3412.5% |
| 2021 | -16.1% | +1.0% |
| 2022 | 35.7% | -322.5% |
| 2023 | 19.6% | -45.3% |
| 2024 | 11.1% | -43.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.6% | -12.9% | 28.1% | 9 |
| 2020s | 6.9% | -16.1% | 35.7% | 5 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -5.47 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1468 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,423 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 6.71 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5322 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 5,158 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 7.56 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 1.46 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Georgia?
- Annual growth of the gross capital formation in Georgia was 11.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Georgia?
- The highest recorded value was 35.7% in 2022.
- What is the lowest annual growth of the gross capital formation recorded in Georgia?
- The lowest recorded value was -16.1% in 2021.
- How does Georgia rank for annual growth of the gross capital formation?
- Georgia ranks 30th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Georgia?
- Over the last ten years it is down 60.6%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).